Tara Chand InfraLogistic Solutions to Incorporate Wholly Owned Subsidiary
Tara Chand Infralogistic Solutions Limited announced the approval by its Board of Directors for the incorporation of a wholly-owned subsidiary in Maharashtra. The board meeting, held on December 19, 2...
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Why is Tara Chand InfraLogistic Solutions Limited in the news today?
Tara Chand InfraLogistic Solutions Limited (TARACHAND) is in the news due to the announcement details the incorporation of a new subsidiary, which is a standard corporate action. while it signifies expansion, there are no immediate financial gains or losses reported that would strongly sway the sentiment.
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Tara Chand InfraLogistic Solutions to Incorporate Wholly Owned Subsidiary
December 19, 2025, 10:41 AM
Tara Chand Infralogistic Solutions Limited announced the approval by its Board of Directors for the incorporation of a wholly-owned subsidiary in Maharashtra. The board meeting, held on December 19, 2025, from 15:30 to 16:00 IST, also transacted other business.
The new entity will be engaged in the manufacturing of high-frequency beams and metal processing, fabrication, cutting, and slitting. Tara Chand Infralogistic Solutions Limited will subscribe to 100% of the share capital, amounting to ₹25,00,000 (Rupees Twenty-Five lakh only), comprising 2,50,000 shares of ₹10 face value each. Approvals from the Ministry of Corporate Affairs and other relevant authorities are required for the incorporation. The subsidiary will be established with a cash consideration for the subscription of shares.
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